Supply chain is about efficiencies and facilitating an optimal flow of product from source to consumption. Warehousing is no different and the main objective is to reduce the cost per unit stored and handled within the warehouse without compromising customer service and fulfilment lead times.
The benefits of driving best practices within the warehouse:
This can be achieved by:
The supply chain and warehouse will always be under consistent pressure to respond to changes in customer behaviour and expectations. There will be a lot of solutions on the market, but the key is to find a fit to the businesses requirements and not overspend on equipment or systems that will not improve the overall warehouse performance.
Businesses need to plan for future requirements and not only focus on the current requirement as the environment will change over time.
Flexibility and agility are key, and this will drive sustainability into the future. If a business is very diversified and has many different operational requirements due to the type of products sold, then it may be more effective to consult with a 3PL logistics provider that has many different configurations and options to choose from when it comes to effective storage.
Alignment between people, processes and technology will drive further efficiencies within the warehouse. Without the right technology, it will be very difficult to measure the warehouse performance and to identify opportunities for improvement. The WMS is the source from which all improvements and efficiencies will emanate.
Catch my next piece where we will look at the importance of Master Data.
In case you missed it – also read: Warehouse theft prevention tips